If you are reading this then the world didn’t end as predicted. But 2012 is coming to an end soon and we are headed down the homestretch with 86 residential sales last month in the communities listed in this Lakes Region real estate market report. That’s a 44% increase over the 60 sales posted last November! The average sales price came in at $332,653 with a median price point of $172,600. There have...

There were twelve drummers drumming and twelve waterfront sales on Winnipesaukee in November! Maybe ten lords were leaping to get their checkbook and two of the nine ladies that were dancing paid cash? The average sale price came in at $645,917 with a median price point of $587,500. There were eleven pipers standing out on the Meredith Town Docks piping away about the eleven month sales total of 115 transactions...

The residential home inventory in the twelve communities covered in this Lakes Region market report dropped to 1,023 listings as of December 1, down from 1,120 in November and 1,168 as of December 1, 2011. This inventory level represents a 13 month supply of homes on the market which is the lowest we've seen in a long, long time. Maybe, there really is a Santa Claus.

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October was a great month for residential home sales in the twelve Lakes Region communities covered in this report. There were 97 transactions at an average sales price of $287,919 with a median price point of $188,000. That brings our year to date total to 772 sales at an average of $297,874 with a median price point of $180,000. That compares to 624 sales at a average price of $310,684 posted for the first 10 months of 2011. That’s a 24 % increase in the total number of sales for that period....

There were ten Winnipesaukee waterfront homes that changed hands in October at an average sales price of $1.444 million with a median price point of $872,500. That brings our total for the year to 103 transactions at an average sales price of $1.056 million compared to 87 transactions at $1.057 million or the first ten months of 2011. That's a 19% increase in the number of sales which I would say is pretty good considering the state of the economy.

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There were 1,120 residential homes on the market as of November 1,2012 in the twelve communities covered in this Lakes Region real estate report. The average asking price stood at $491,382 with a median price point of $252,950. The residential inventory available is down from 1,230 last month and 1,277 last November. The current inventory represents a 14.6 month supply of homes on the market which is far better than we have seen over the summer months.

A search of the MLS system revealed...

Halloween is just around the corner. Kids will be out Trick or Treating in their scary costumes trying to see who can collect the biggest stash of candy and goodies. I got thinking about some of the classic costumes kids wear and realized that most of these costumes “fit” pretty well on real estate agents. While they may not be as visible as the ones the kids wear, they are pretty apparent once you describe them. Sometimes you see it in the way they act, their mannerisms, and how they conduct business....

September was a good month for residential home sales in the communities covered in this Lakes Region Real Estate Market Report. There were 91 transactions at an average sales price of $318,825. That is better than the 68 sales last September at an average price of $213,838. In September 2010 there were also 91 sales at a lower average of $263,411.For the first three quarters of 2012 there have been...

September 2012 was a very good month for waterfront sales on Lake Winnipesaukee with thirteen transactions at an average price of $1.371 million. The median price point came in at $1.4 million as nine of those thirteen sales exceeded the million dollar mark. Last September, there were seven sales on the big lake at an average of $714,357. Year to date there have been 93 sales on Winnipesaukee at and average price of $1.104 million compared to 76 sales at an average of $1.041 million for the first...

As of October 1, 2012 there were 1,230 residential homes available in the Lakes Region communities covered by this Lakes Region Real Estate Market report. The average asking price stood at $486,117 and the median price point was $259,450. The inventory level is down from 1,351 homes for sale last month and the 1,336 available last October. The average asking price has also softened from $518,193 last October down to $486,117. The median price point has also dropped about $5,000 from last October...

There were 12 waterfront sales on Lake Winnipesaukee in the month of August at an average price of $1.18 million. That compares to eighteen sales at an average of $827,589 in August 2011 and 14 sales at $1.1 million in 2010. The average sales price so far this year on the big lake is $956,021 compared to $1.074 million last year. There have been 80 sales so far this year compared to 69 for the same period last year. So lakefront property is moving well but at a lower price.

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There were 93 residential home sales at an average price of $345,705 in August in the Lakes Region communities covered by this report. That’s a 12% bump up from last August when there were 83 homes sold at an average of $330,718. That’s a pretty good month in my book, but we still haven’t made that magic 100 sales in a month this summer that I was looking for. Maybe we’ll make it in September?



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So, Labor Day has come and gone. The tourists are gone too, but we’ll get a flurry of them back for the foliage. Let’s hope so because as of September 1, 2012 there were still 1,337 residential homes for sale in the communities in this Lakes Region real estate market report. The average asking price was $483,460 with a median price point at $259,900. The inventory level dropped a bit from 1,351 last month and...

I've been busy this week with three home inspections which is great and means I am selling something. Well, sometimes that is. Sometimes, things come unglued because of the home inspection process. Sometimes not. I gotta remember to bring wool socks to my next inspection. It could mean the difference between a successful inspection or not.

The most important step for a home buyer, after...

Residential home sales in our Lakes Region communities were not what I had hoped for in July. I was planning on a summer of love… real estate love, that is. Lots of sales, happy sellers, happy buyers. I was predicting, anticipating, and forecasting that we would have a month where sales would top 100 for the month. Nope, not in July. It is kind of like the national monthly job numbers; always...